In addition to consulting services like these, our IT services can remove the burden of monitoring and managing your data infrastructure to help give you increased reliability, reduced risk and a comprehensive business continuity plan in the event of a disaster. Ricoh uses data collection tools such as cookies to provide you with a better experience when using this site.
You can learn how to change these settings and get more information about cookies here. Home Resources Articles 5 reasons business needs business continuity plan. You never need a continuity plan until you do. Here are 5 reasons you should start yours today. Time: 6 minute read.
In this article, we will discuss: What constitutes business continuity planning and the difference between it and disaster recovery The top 5 reasons your organization needs a business continuity plan The importance of business continuity planning beyond simply restoring operations How to get started building a business continuity plan. What is business continuity planning? Close Your request was submitted successfully. Contact Us. All fields are required unless noted. First Name. Last Name.
Extension Optional. Here are 5 of the main reasons you need a business continuity plan:. Reason 1: Disaster recovery. Reason 2: Data shows backups are not enough.
Subscribe to our newsletter. Reason 3: Insurance does not protect your data. Cyberattacks are becoming more sophisticated and successful every year. Reason 4: Competitive edge. You have a big advantage over your competitors if you can restore normal operations while they are still trying to figure it out. Getting your network back up and running fast, restoring access to your business data and documents, and reconnecting your employees to communicate with each other and support your customers allows for your organization to stand-out as a leader and one that can be trusted and relied upon.
Reason 5: Business must go on. For example: If the power goes out without certainty of when it will be restored, can you switch to a server or network located in a functioning data center? If you experience a server failure, do you have a backup server or virtual server ready to go? If your office location becomes inaccessible for any reason, can your employees work remotely? The importance of a business continuity plan.
Thus, businesses that invest in detailed disaster recovery and a business continuity plan can survive and resume their normal operation post disasters much faster. The term "backup" is pretty much self-explanatory; it is the process of storing copies of your data. Many of us often confused that disaster recovery means data backups. Businesses can't recover without backup files, but they can certainly backup data without having any disaster recovery plan in place.
Read more: Defining the differences between data lake and data warehouse. Mistakenly deleting data happens all the time. In that instance, to restore the lost data, businesses need to have an environment — a virtual storage space where all versions of data reside. This is where disaster recovery comes in.
In short, disaster recovery is a more complex process in which the organisation replicates the entire IT environment data, systems, networks, and applications and establishes processes to enable them to restore functionality and data from this replicated environment to the primary one.
Disaster recovery is an integral part of a business continuity plan, which also is a documented strategy complete with critical information detailing which systems and processes must be sustained and how to maintain them in case of an unplanned disruption.
A business continuity plan is extremely critical in a time of crisis, particularly during this ongoing pandemic. It is a must-have to ensure a company can identify potential weaknesses and threats and necessary steps to mitigate those risks to avoid low customer satisfaction due to downtime.
In other words, having a detailed business continuity plan enables businesses to be proactive. Disaster recovery plans depend largely on the business' current IT infrastructure. Typical plans include:. A cost-effective option for businesses that do not have the budget to set up a physical restoring facility. Virtualisation is the process of creating virtual copies of operating systems, servers, storage depositories, or network resources.
In a virtualised environment, the restoration of applications is done through virtual machine instances, which can be created within minutes. Network failures can put a toll on the business' applications and the entire IT infrastructure. To ensure businesses always have reliable connectivity, a network disaster recovery plan should include a step-by-step procedure on who to contact, how to replace equipment, what actions to take to restore the network.
Cloud disaster recovery is a combination of strategies and services aimed at backing up data or applications via the public cloud or cloud providers. This is also a more cost-effective option.
However, businesses need to consider factors such as bandwidth, cloud storage costs, the location of physical and virtual servers, security and compliance before implementation. This option focuses on the physical data centre.
The plan should detail procedures to identify, assess, resolve and mitigate risks that may harm the building location, HVAC systems, physical security, support personnel, and much more.
The preparation of the plan requires input from the IT department, facility manager as well as security experts. Read more: How AWS manages and maintains its massive data centres.
Regardless of the type of disaster recovery plans your business chooses to implement, it should start at the business level and focus on mission-critical applications, data as well as systems. The plan is to minimise the risk of significant loss to infrastructure. Lack of preparation can lead to significant monies and time being spent on repair. As much as a company can minimise risk there are many disasters that cannot be avoided.
Disasters can either be classified as natural disasters such as earthquakes and floods and manmade disasters such as infrastructure failure and material spills. A disaster may not be eliminated but can be reduced to a minimum. Having a disaster recovery plan in place can give a company a competitor edge, for if a disaster was unfortunately going to happen. If a natural disaster was to occur then most companies may suffer due to no plan in place.
It should be tested, reviewed and updated on a regular basis. It is vital the plan has an owner to ensures these things happen.
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